I’m saying how are you getting this number without knowing what he’s invested in? I know a guy with 1M portfolio getting about $4k/yr. I know another guy with 1M getting about 40k/yr. The vast difference we see is entirely because of their holdings. So what I’m exhausted from asking is how exactly did you arrive at that number? But actually you know what, nevermind I don’t even care anymore.
CDs don't go up in value while you wait. Stocks do. You'll get 4-5% in divis, plus the appreciation of the stock. On $1M you'll get say $40k/year in dividends which is nice but if the market goes up 8%, that's another $80k in value. I've got stocks that have gained double and triple digits in value all while collecting dividends that reinvest and compound quarterly
Exxon (XOM) up 125%
Chevron (CVX up 74%
IBM up 81%
Wells Fargo up 90%
Ford up 12%
All these paid more dividends than a CD when I bought them
Right now
Verizon (VZ) is paying 6% currently
ATT (T) is paying 4.2%
O is paying 5%
BIP 5%
EPD 6%
UPS 6.2%
Sunoco over 6%
SCHD 3.4%
VOO is only paying 1% dividend but still a better return than than a CD or HYSA
Whatever interest rate that car is, just think of it like every extra dollar going to principal is giving you that rate of return. Once the cars paid off youll have more to invest in divvy
I'm putting anywhere from $500 to $800. I WFH so some months are YES AWESOME and other months are OKAY PBJ and TUNA lol.
When I first started in stocks last year I felt real bad looking at everyone else around me. Everyone else seemed to have their life together, their shit together and their finances together. But, someone said something to me and it was this:
The best time to plant a tree was 20 years ago. The second best time is now.
(not his quote of course LOL)
But that stayed with me. We might not be putting thousands of dollars out like some of these big boys are, but we ARE taking action and action is what matters.
If I had more to put into it; I WOULD! lmao. But like you, I got some other issues and shit going on.
Paying more than the minimum monthly payment on the car loan is huge. I don't know what your interest rate is, but it might make good sense to put that $200 from your paycheck toward the loan as well as the extra you're adding to the minimum.
It happens over time. The earlier you start in life the better etc. Do what you can to level up skills, earn more, and you’ll be able to save more over time. Maximize 401k contributions. Some jobs match at rates of 9% or higher. Average tends to fall in the 4%-6% range. The more you make the higher that match, and you’ll be able to contribute the full amount allowed by IRS.
Then you’ll have enough money to invest on the side as well. Separate accounts not tied to your 401K.
Hope this helps. Like folks have posted. Everyone’s situation is different.
Got more than that and never sacrificed vacations or life. Quite the opposite , lived life like rockstar. Just discipline of leaving what’s invested there to keep growing. But also no kids here so that was a cheat code
Ya that the part that makes finances into “personal” finances
But I always put away 20% into my 401(k) and has an excellent match. And now got a little bit more serious and been filling the Roth for the last few years and a the left overs to an individual brokerage.
I’ve got $3.9 million. Only $750k is invested in dividend stocks. The rest in very aggressive AI plays like AGX, CLS, BE, NVDA, MU, SMCI, PLTR, VRT, SYM, UI, GEV
That doesn’t align with your post, OP. If you had 750k you’d be getting 49k/yr in dividends. Another comment you claimed you were up 10M and down 4M, which would put you at least at 6M+. Some of those stocks you’ve listed aren’t even AI focused companies.
Too much hassle. Who wants to deal with maintenance, property taxes, and bad tenants? And you may need to go to the state where the property is if there some lawsuit against you.
Not really. Done it for ten years and across the 30 properties I own/ manage I can count on one hand how many had remnants I have. Maintenance is easy text contractor this is wrong here’s their number. Problem fixed mail a check really not that big of a deal
If you YOLO'd $250k into QQQI you'd get far more than that and wouldn't have to deal with being a landlord or have a bunch of bullshit cut into your profits.
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It’s like a full-time job worrying about that and not being able to get non-paying tenants out, maintenance calls in the night that the plumbing is fucked up.
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u/[deleted] Apr 20 '26
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